Sweet Earth Holdings (XCNQ:SE) ROCE % : 0.00% (As of Dec. 2023)

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What is Sweet Earth Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Sweet Earth Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Sweet Earth Holdings ROCE % Historical Data

The historical data trend for Sweet Earth Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sweet Earth Holdings ROCE % Chart

Sweet Earth Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

-115.63

-159.93

-293.75

Sweet Earth Holdings Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-	-	-	-	-

Sweet Earth Holdings ROCE % Calculation

Sweet Earth Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.074	/	( ( (1.283 - 1.131)	+	(0.168 - 0.641) )	/ 2 )
	=	-0.074	/	( (0.152	+	-0.473)	/ 2 )
	=	-0.074	/	-0.1605
	=	46.11 %

Sweet Earth Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.86	/	( ( (0.123 - 0.645)	+	(0.054 - 0.785) )	/ 2 )
	=	-0.86	/	( ( -0.522	+	-0.731 )	/ 2 )
	=	-0.86	/	-0.6265
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Sweet Earth Holdings (XCNQ:SE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Sweet Earth Holdings ROCE % Related Terms

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Sweet Earth Holdings (XCNQ:SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sweet Earth Holdings Corp (XCNQ:SE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SEHCF:USA 1KZ0:Germany

Address

903-700 West Pender Street, Vancouver, BC, CAN, V6C 1G8

Website

https://www.sweetearthskincare.com

Sweet Earth Holdings Corp is engaged in the business of the sale of hemp pre-roll and skin care products. 'It operates in a single segment, which includes cultivation and processing of hemp cannabidiol in the state of Oregon, USA, and in Cadiz, Spain'.